107 Trade St

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107 Trade St

Greenville, NC 27834
Asking Price
$1.36M
Asset Type
Office
Class
Class B

What's Special

107 Trade Street is located in the heart of downtown Greenville, North Carolina, within the city’s established commercial and governmental hub. The surrounding neighborhood is characterized by a mix of historic architecture, professional services, and local retail establishments. The property offers proximity to the Pitt County Courthouses and the East Carolina University main campus. Tenants have immediate access to various dining options, financial institutions, and city parking facilities. Transportation access is supported by nearby major thoroughfares, including US-264 and NC-11, providing connectivity to the broader Pitt County region. This office asset is suited for professional services requiring central administrative space or proximity to regional legal and educational institutions. Ideal use cases include law firms, accounting practices, non-profit organizations, and consulting agencies. The floor plan supports a tenant profile seeking functional workspaces within a walkable urban environment. The location is particularly advantageous for firms that benefit from frequent interaction with local government offices or the university community. Potential occupants may include established local businesses or regional entities looking to maintain a visible presence in Greenville’s central business district.

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NOI
$80,000
Cap Rate
5.90%
DSCR
0.99
Underwater
Cash-on-Cash
-0.12%
Monthly Payment
$6,708.516
Annual Cash Flow
$-502.187

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